UK Railways: nationalised
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UK Railways: nationalised
Railways set to come back into public ownership after Lords pass nationalisation bill
Labour’s first big reform in reversing the 40-year legacy of Margaret Thatcher is set to come into place with the legislation to renationalise the railways passing through parliament
Yahoo News (uk.news.yahoo.com)
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@liamvhogan crucially though, the train landlords remain privately owned and sucking enormous profits out of the industry
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@ThermiteBeGiants yeah it’s much harder to nationalise a rent than to nationalise a function. But it’s still good shit
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:PUA: Shlee fucked around andreplied to Liam :fnord: last edited by
@liamvhogan my understanding is this is just creating a public front but the actual tracks/trains won't be owned by the public.
Hopefully it's more than a rebranding exercise.
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@liamvhogan thing is, they could simply stop buying trains through the train landlords, and thereby fleet turnover (and there’s a lot of fleet to be turned-over!) would euthanase the rentiers.
But they’re not even talking about that - they’re still buying trains through the original 3 ROSCO consortia established during Privatisation.
They could save so much money by working directly with manufacturers and directly financing the train orders themselves -
Thermite Be Giantsreplied to :PUA: Shlee fucked around and last edited by
@shlee @liamvhogan tracks have been publicly owned since 2004 (Network Rail). Trains are all owned by various flavours of Train Landlord though
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:PUA: Shlee fucked around andreplied to Thermite Be Giants last edited by
@ThermiteBeGiants @liamvhogan oooh nice. progress by any means!
also, I'm going to order that Gareth Dennis book soon.
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Thermite Be Giantsreplied to :PUA: Shlee fucked around and last edited by
@shlee @liamvhogan I have “How the Railways Will Fix the Future” on my Christmas book list
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@liamvhogan nerd time the double arrow quietly got revised in 2022
https://www.networkrail.co.uk/wp-content/uploads/2022/11/Rail-Symbol-2.pdf -
@liamvhogan I travelled around England on a railcard for 3 weeks in September, and by far the best service I experienced was on LNER - which is already back in govt hands after Virgin stuffed it up.
